Janus Henderson Group plc (NYSE:JHG) Receives Average Rating of “Reduce” from Analysts

Janus Henderson Group plc (NYSE:JHG) has been given a consensus rating of “Reduce” by the nine research firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $27.93.

A number of research firms recently commented on JHG. Morgan Stanley upped their price objective on Janus Henderson Group from $27.00 to $28.00 and gave the company an “equal weight” rating in a research report on Friday, January 19th. StockNews.com upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Thursday, February 29th. TD Cowen initiated coverage on Janus Henderson Group in a research report on Thursday, January 4th. They issued a “market perform” rating and a $30.00 price target for the company. The Goldman Sachs Group upped their price target on Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a research report on Tuesday, April 2nd. Finally, UBS Group upped their price objective on Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a research note on Friday.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 30,656 shares of the stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the completion of the transaction, the chief financial officer now directly owns 126,439 shares of the company’s stock, valued at $3,910,758.27. The sale was disclosed in a filing with the SEC, which is available through this link. In other Janus Henderson Group news, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $948,190.08. Following the sale, the chief financial officer now directly owns 126,439 shares in the company, valued at $3,910,758.27. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Brennan A. Hughes sold 1,812 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the sale, the chief accounting officer now owns 3,535 shares in the company, valued at $114,074.45. The disclosure for this sale can be found here. Over the last three months, insiders sold 70,133 shares of company stock valued at $2,172,459. Insiders own 19.60% of the company’s stock.

Institutional Investors Weigh In On Janus Henderson Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Greenwood Capital Associates LLC raised its holdings in shares of Janus Henderson Group by 0.8% in the fourth quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock worth $1,376,000 after buying an additional 350 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock worth $39,000 after buying an additional 369 shares during the period. FMR LLC raised its holdings in shares of Janus Henderson Group by 0.3% in the first quarter. FMR LLC now owns 142,741 shares of the company’s stock worth $3,803,000 after buying an additional 448 shares during the period. Panagora Asset Management Inc. raised its holdings in shares of Janus Henderson Group by 7.4% in the first quarter. Panagora Asset Management Inc. now owns 6,695 shares of the company’s stock worth $234,000 after buying an additional 459 shares during the period. Finally, Hexagon Capital Partners LLC raised its holdings in shares of Janus Henderson Group by 72.6% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock worth $36,000 after buying an additional 509 shares during the period. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Janus Henderson Group Trading Down 1.1 %

Janus Henderson Group stock opened at $31.73 on Monday. The company has a market capitalization of $5.12 billion, a price-to-earnings ratio of 13.39, a price-to-earnings-growth ratio of 1.56 and a beta of 1.52. The company has a current ratio of 3.89, a quick ratio of 2.76 and a debt-to-equity ratio of 0.07. Janus Henderson Group has a 12 month low of $22.17 and a 12 month high of $33.25. The business’s fifty day simple moving average is $31.58 and its two-hundred day simple moving average is $28.49.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, February 1st. The company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.26. The company had revenue of $568.50 million during the quarter, compared to analysts’ expectations of $520.26 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. Janus Henderson Group’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.61 earnings per share. As a group, equities analysts predict that Janus Henderson Group will post 2.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Monday, February 12th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date of this dividend was Friday, February 9th. Janus Henderson Group’s payout ratio is presently 49.37%.

Janus Henderson Group Company Profile

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.